Workflow
GoPro Adds MotionFrame & POV 360 Editing Tools to Quik App
ZACKS· 2025-06-24 15:16
Key Takeaways GoPro launched MotionFrame and POV to enhance 360 editing in its Quik mobile app MotionFrame uses phone movement to create dynamic edits from 360 video playback. POV aligns video edits with travel direction using GPS data from the GoPro MAX cameraGoPro, Inc. (GPRO) has launched two powerful new tools—MotionFrame and POV—to enhance the 360-editing suite in its Quik mobile app. MotionFrame allows users to create dynamic edits simply by moving their phone during 360 video playbacks. Users can e ...
Evolv Technologies (EVLV) Soars 5.8%: Is Further Upside Left in the Stock?
ZACKS· 2025-06-24 15:16
Evolv Technologies Holdings, Inc. (EVLV) shares ended the last trading session 5.8% higher at $6.06. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.4% gain over the past four weeks.Evolv Technologies is benefiting from strong customer expansions, increased adoption of pure subscription models, and early traction of its new product, Evolv eXpedite.This company is expected to post quarterly loss of $0.09 per share ...
CMI Media Group Welcomes Andy Shaughnessy as SVP, Data Analytics
GlobeNewswire News Room· 2025-06-24 15:15
PHILADELPHIA, June 24, 2025 (GLOBE NEWSWIRE) --  Strategic media healthcare agency CMI Media Group, a WPP company (NYSE: WPP), announced it has appointed Andy Shaughnessy as SVP, Data Analytics on the agency’s Customer Insights & Analytics team, responsible for leading and growing a talented team of data management experts, along with driving the agency’s vision to provide actionable analytics to clients across multiple online and offline channels. With 15 years of proven pharma analytics experience, includ ...
Microsoft's AI Gets $80 Billion—While Pink Slips Print By The Thousand
Benzinga· 2025-06-24 15:14
Why It Matters: Several other major companies have recently made large job cuts, including Procter & Gamble eliminating 7,000 jobs over two years and Walmart slashing 1,500 positions across its technology and e-commerce divisions. Amazon.com, Inc. AMZN CEO Andy Jassy warned last week that generative AI and agentic AI will reduce the tech giant's total workforce in the next few years. Read Next: Walmart, Microsoft, Disney Slash Jobs As Trump Tariffs, AI Push Corporate America Into Layoff Mode The exact timin ...
Ares Commercial Real Estate: Fear-Based Pricing Creates Opportunity (Upgrade)
Seeking Alpha· 2025-06-24 15:13
Ares Commercial Real Estate Corporation (NYSE: ACRE ) experienced a substantial deterioration in its dividend coverage and loan performance last year which triggered two dividend cuts, the latest one cutting the dividend down by a whopping 40% to $0.15 per share perA financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest ...
Will Business Plus Become Upwork's Next Big Growth Engine?
ZACKS· 2025-06-24 15:10
Upwork Inc. (UPWK) is starting to look more than just a place for quick freelance gigs. With its new Business Plus plan, the company is going after bigger clients—and it’s working. In the last reported quarter, the number of active clients on Business Plus more than doubled. About 40% of them are brand new to Upwork, which is impressive considering Upwork hasn’t even spent much on marketing the plan. That shows the offer is meeting a clear need.Business Plus gives clients a smoother hiring experience. They ...
Is the Options Market Predicting a Spike in Ares Commercial Real Estate Stock?
ZACKS· 2025-06-24 15:10
Investors in Ares Commercial Real Estate Corporation (ACRE) need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 15, 2025 $10.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or t ...
NOMD vs. LW: Which Frozen Food Stock is Poised to Lead the Market?
ZACKS· 2025-06-24 15:10
Core Insights - Nomad Foods Limited (NOMD) and Lamb Weston Holdings Inc. (LW) are key players in the global frozen foods market, employing different growth strategies and operational focuses [2][3] - NOMD leads in the European frozen food sector with a health-oriented product portfolio, while LW specializes in frozen potato products primarily for North American foodservice [2][3] Company Performance - NOMD's revenue is significantly derived from health-centric products, with 94% of its U.K. and Western Europe sales classified as healthy meals [4] - In Q1 2025, NOMD experienced a 3.6% organic sales decline but achieved retail sell-through growth and improved gross margins due to operational efficiencies [5] - NOMD reported a 36% year-over-year sales increase in innovation-led categories, particularly in chicken and frozen chips, with notable market share gains in Germany and the U.K. [6] - LW posted 9% volume growth and 4% sales growth in Q3 2025, but faced a 5% decline in price/mix due to competitive pricing pressures [10] Strategic Initiatives - NOMD is focused on brand equity and innovation, integrating marketing and merchandising to adapt to consumer preferences, which has led to a 9% sales growth in its Fish Bar sub-brand in Italy [7][8] - LW is undergoing a company-wide transformation targeting $55 million in pretax savings for fiscal 2025 and $85 million for fiscal 2026, with over 30 projects aimed at improving efficiency [11] - LW has introduced new products to align with consumer trends, but continues to face margin pressures from high inventory costs and unfavorable pricing dynamics [12] Financial Metrics - The Zacks Consensus Estimate for NOMD's EPS in 2025 is projected at $2.07, indicating a 7.3% year-over-year growth [14] - In contrast, LW's EPS estimate for fiscal 2025 is $3.14, reflecting a significant projected decline of 38.2% compared to the previous year [14] - NOMD trades at a forward P/E ratio of 8.05x, below the industry average of 15.83x, while LW trades at a higher multiple of 15.59x, suggesting NOMD is the more value-oriented option [17] Market Performance - Over the past six months, NOMD has gained 5.9%, while LW has declined by 13.9%, indicating NOMD's stronger market performance [19] - NOMD's consistent execution and diversified product portfolio position it favorably in the evolving frozen foods industry [21] - Investors seeking value and stability may find NOMD a more compelling investment choice in the current market environment [22]
McDonald's, Krispy Kreme ending doughnut deal after one year: ‘Unsustainable for us'
New York Post· 2025-06-24 15:07
Core Insights - McDonald's and Krispy Kreme will end their partnership in the US by July due to cost management issues [1][2] - The partnership aimed to sell Krispy Kreme's doughnuts at over 14,000 McDonald's locations, but only 2,400 stores offered the product [1][5] - Krispy Kreme's CEO stated that aligning costs with unit demand was unsuccessful, making the partnership unsustainable [2] Company Performance - Krispy Kreme has withdrawn its annual forecast and is reassessing the deployment schedule for the partnership [3][7] - The company's shares have decreased by approximately 70% this year, reflecting significant market challenges [3] - McDonald's indicated that Krispy Kreme was a small, non-material part of its breakfast business, which is a core pillar of its strategy [6] Market Strategy - McDonald's has been focusing on enhancing its breakfast menu by introducing new items and marketing efforts [4] - The partnership's failure highlights the challenges in integrating external products into established fast-food operations [1][2]
Novo Announces AGM Results
Globenewswire· 2025-06-24 15:07
Corporate Governance - All resolutions proposed at Novo Resources Corp.'s annual general meeting were approved, including the election of all director nominees [1] - Voting results for director nominees showed high approval rates, with Karen O'Neill receiving 99.063% of votes in favor [1] Corporate Developments - Novo has released a new corporate presentation available on its website [2] - The company has formed a lithium joint venture with SQM in the Pilbara, enhancing shareholder exposure to battery metals [6] Project Portfolio - Novo's key project area is the Egina Gold Camp, where a joint venture with Northern Star Resources Limited involves A$25 million exploration expenditure for a 50% interest in the Becher Project [5] - The company has strengthened its exploration portfolio by adding the TechGen John Bull Gold Project and the Manhattan Tibooburra Gold Project, both showing potential for significant gold discoveries [7] - Novo's land package covers approximately 5,500 square kilometers in the Pilbara region and includes the 22 square kilometer Belltopper project in Victoria [4]